NAV on (No Data Available)
₹0.00
No Data Available
Fund Size
₹86.62 Crores
1Y Returns
No Data Available%
The objective of the scheme is to provide investors maximum growth opportunities and to achieve long term capital appreciation by predominantly investing in equity and equity related instruments of companies engaged in Banking and Financial Services Sector.
Launch Date
May 14, 2018
Fund Manager
Mr. Alok Ranjan
Initial Price
10
AUM Fund
86.62 Cr
Min investment
Rs 5000
Expense Ratio
2.5%
Monthly - Rs. 500/- and multiples of Re. 1/ for a minimum period of 12 months.Monthly - Rs. 1,000/- and multiples of Re. 1/ for a minimum period 6 months. Quarterly - Rs.1500/- and multiples of Re. 1/ for a minimum period of 4 quarters.
1% for exit (repurchase/switch-out/SWP) on or before 1 year from the date of allotment.
| Equity / Mid Cap funds | 1Y | 3Y | Fund Size (Cr) |
|---|---|---|---|
| 35.05% | 0.00% | ₹269.21 | |
| 29.79% | 38.22% | ₹11.69 | |
| 27.70% | 23.26% | ₹7774.49 | |
| 25.81% | 93.04% | ₹4003.88 | |
| 25.78% | 93.07% | ₹2432.96 |
Q: What is the current NAV of IDBI Banking & Financial Services Fund - Growth?
A: The latest NAV of IDBI Banking & Financial Services Fund - Growth is ₹ .
Q: What type of mutual fund is IDBI Banking & Financial Services Fund - Growth?
A: IDBI Banking & Financial Services Fund - Growth is a 'Equity - Banking' type mutual fund managed by 'IDBI Asset Management Ltd.'.
Q: What is the expense ratio of IDBI Banking & Financial Services Fund - Growth?
A: The expense ratio of IDBI Banking & Financial Services Fund - Growth is 2.5%, which impacts overall returns.
Q: Who manages IDBI Banking & Financial Services Fund - Growth?
A: IDBI Banking & Financial Services Fund - Growth is managed by Mr. Alok Ranjan, who oversees investment strategy and portfolio decisions.
Q: Is IDBI Banking & Financial Services Fund - Growth a good investment?
A: IDBI Banking & Financial Services Fund - Growth may be suitable depending on your financial goals, risk appetite, and investment horizon. Always evaluate fund performance and consult a financial advisor.
Q: What is the exit load of IDBI Banking & Financial Services Fund - Growth?
A: The exit load of IDBI Banking & Financial Services Fund - Growth is 1% for exit (repurchase/switch-out/SWP) on or before 1 year from the date of allotment., applicable if redeemed within the specified period.
Q: How is IDBI Banking & Financial Services Fund - Growth taxed?
A: Taxation depends on the fund type (equity/debt) and holding period as per Indian tax laws.
